Kuwait Banks Role in Kuwait Real Estate Market
While in the United Arab Emirates almost every local commercial bank is involved in real estate financing, Kuwaiti banks watched Kuwait real estate and construction sector more critically.
Kuwait Real Estate Market: One of the Most Challenging Markets in the Gulf
The demand for middle income Kuwait real estate will remain high, according to Alargan’s Khaled Al-Mashaan: “We have the highest growth in population in the world and most of the population is under 25 years old (60%) so the influx of young people coming into the market will be huge for jobs and housing. “
Kuwait Liquified Natural Gas and Nuclear Ambition
The peaceful use of nuclear energy in particular celebrates a comeback in the Middle East. The UAE and Saudi Arabia will definitely build nuclear plants in order to stand on the same level as Iran, which is on the threshold of becoming a nuclear power.
Kuwait Energy: Investments into the Future
“In Kuwait , we feel that we are part of the world. When there was a high demand for energy , and oil in particular, Kuwait and Kuwait Oil Company responded positively by producing the maximum in 2008. In regard to Kuwait diversification , the long term concern is there. Kuwait should seriously think about diversifying sources of income for the country.” says Sami Al-Rushaid, Chairman and Managing Director at Kuwait Oil Company
Kuwait Islamic Banking and Finance: Future is Bright
“Islamic banking and finance started inferior thirty years ago but started to position itself very well within the Kuwait banking and Kuwait investment industry. It dominates the GCC and MENA region and has proved that its underwriting criteria are much stronger than its peers on the conventional side,” says Abdul Aziz Al-Mazooq, CEO of Muthanna Investment Company.
Kuwait Banking: Recovery of Kuwait Banking Sector
“I think that Kuwait banking system has gone through some very difficult times, and that 2010 will still be difficult and I think the banks have to prepare for the inevitable full turn around. How long it will take, however, is anybody’s guess”, Michel Accad, CEO of Gulf Bank
Bahrain Business: GBCORP Investment Strategy
Ahmed Al Khan, Head of Investment Banking of GBCORP, reveals how a Bahrain’s Business can succeed in Bahrain and elsewhere. He also talks about GBCORP investment strategy.
Iconic Bahrain – Skyscrapers, Date Palms and the Formula 1
Besides identifying Bahrain with the Formula One brand on TV screens around the world, the event has become a lucrative business. “In 2008, it generated 600 million USD for its direct and indirect economic impact; and on top of that it has changed people’s perceptions of how they view the Middle East”, says Martin Whitaker, CEO of the BIC.